Description
BOOMING ATLANTA SUBMARKET Surrounding residential developments include Skyland Brookhaven, a 172 unit luxury townhome development across from the subject property, and a 3.5-acre site luxury townhome development directly behind the shopping center.

NUMEROUS EMPLOYMENT & TRAFFIC GENERATORS NEARBY Developments include a 300,000 SF Children’s Healthcare of Atlanta (CHOA) facility; a $90 million CDC Campus; Peachtree DeKalb Airport (PDK) responsible for over 7,300 jobs and $819 million in gross product; and Doraville Assembly— a $1 billion dollar redevelopment set to transform the submarket.

OUTPERFORMING ECONOMIC GROWTH Job growth in Atlanta remains strong as 53,000 positions are created this year. Last year, 56,000 workers were hired. Vacancy levels are at or near all-time lows while year over year rent growth continues over 3 percent.

DENSE CORE MARKET DEMOGRAPHICS The subject property has a five-mile population of over 295,000 people with average household incomes exceeding $96,000. This population has grown at a rate of 16.6 percent since 2000. The property has quick access to Interstate 85 (VPD:20,600) via Clairmont Road and the Atlanta Perimeter, Interstate 285 (VPD: 228,500), via Buford Highway.